DP World to acquire majority stake in TIS container terminal – Gulf Today

DP World to acquire majority stake in TIS container terminal – Gulf Today

According to a statement released by the company, this latest acquisition also complements the existing operations of DP World's P&O Maritime Services business through a joint venture with the TIS Group, providing tugging, pilotage and other marine services at several Ukrainian ports.. DP World also said recently that it will soon be finalising agreements on the construction of a new port and economic zone in Dakar, capital of Senegal.. DP World has designed a master plan for the development of the Port de Futur which will see it develop into a multi-purpose port including economic and logistics zones adjacent to the new Blaise Diagne International Airport.. DP World handled 71.2 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in 2019, with gross container volumes flat year-on-year on a reported basis and up 1.0% on a like-for-like basis..